If a buyer is properly terminating under another SCR310 contingency or section other than the due diligence section, the due diligence termination fee is not paid to the seller.

If a buyer is properly terminating under another SCR310 contingency or section other than the due diligence section, the due diligence termination fee is not paid to the seller.

Posted by: Byron King on 08/08/22 (This information is only accurate as of 08/08/22. You must contact SCR for updates and changes to this information after 08/08/22 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)

This information is not legal advice. This information is intended only to provide general information and may not be relied upon as specific legal guidance. Legal counsel should always be consulted before acting in reliance on this information.

Michael Crist2022-08-08T14:48:47-05:00August 8th, 2022|Legal FAQs|

If a buyer is properly terminating under another SCR310 contingency or section other than the due diligence section, the due diligence termination fee is not paid to the seller.